A Modern Reader in Institutional and Evolutionary Economics: Key Concepts

Description

In the 1990s, institutional and evolutionary economics emerged as one of the most creative and successful approaches in the modern social sciences. This reader gathers together contributions from leading international authors in the field of institutional and evolutionary economics including Eileen Appelbaum, Benjamin Coriat, Giovanni Dosi, Sheila C. Dow, Bengt-Ake Lundvall, Uskli Maki, Bart Nooteboom and Marc R. Tool. The emphasis is on key concepts such as learning, trust power, pricing and markets,with some essays devoted to methodology and others to the comparison of different forms of capitalism.

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Contents

Part 1 Learning, trust, power and markets: contributions to an institutionalist theory of price determination, Marc R. Tool; the learning economy - challenges to economic theory and policy, Bengt-Ake Lundvall; the meaning and role of power in economic theories, David Young; discovery versus creation - implications of the Austrian view of the market process, Sandye Gloria-Palermo; determinants of supplier dependence - an empirical study, Hans Berger et al. Part 2 Pluralism and comparative paradigms: the institutional embeddedness of economic change - an apraisal of the "evolutionary" and "regulationist" research programmes, Benjamin Coriat and Giovanni Dosi; the one world and many theories, Uskali Maki; methodological pluralism and pluralism of method, Sheila C. Dow. Part 3 Varieties of capitalism: institutions and employment performances in different growth regimes, Eileen Appelbaum and Ronald Schettkat; emergence of path-dependent mixed economies in central Europe, Bernard Chavance and Eric Magnin; varieties of capitalism and varieties of economic theory, Geoffrey M. Hodgson.